Category Archives: Ann Arbor Condo Market Updates

Nature Cove Condos, Ann Arbor Report

Nature Cove Condo Report – January 2018Nature Cove Condos, Ann Arbor MI

Nature Cove is a serene Ann Arbor complex enclosed by beautiful landscaping that spans over one acre. Underground parking is available, and elevators are accessible throughout the building. There is currently 1 condo listed for sale, and so far this year 4 have sold.

Condos for Sale:

  • $275,000. 2125 Nature Cove Ct. #101, Ann Arbor. 1576 square feet with 2 bedrooms and 2.0 baths.

Sold Condos:

  • $326,500. 2115 Nature Cove Ct. #303, Ann Arbor. 1787 square feet with 2 bedrooms and 2.0 baths.
  • $325,000. 2125 Nature Cove Ct. #304, Ann Arbor. 1458 square feet with 1 bedrooms and 2.0 baths.
  • $315,000. 2115 Nature Cove Ct. #109, Ann Arbor. 1800 square feet with 2 bedrooms and 2.0 baths.
  • $280,000. 2115 Nature Cove Ct. #104, Ann Arbor. 1458 square feet with 2 bedrooms and 2.0 baths.

Last year at Nature Cove, 3 condos sold with an average sale price $289,333 and an average price per square foot of $166.00. The 4 condos sold this year have an ASP of $311,625, up 8%, and an A$/SF of $193.00, up 16%. To learn more about condo values at Nature Cove, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

Ann Arbor Condo Market Update – November 2017

Listings Down, Sales Up in November

Ann Arbor Condominium Statistics for November 2017

Ann Arbor Condo inventory continues to shrink, but this didn’t slow sales in November. For the month of November there were only 30 new listings, compared with 42 in November 2016. So far this year, there have been 679 new listings, down 8% compared with 738 this time last year. The number of condo sales rose from 44 to 53 during the month, an increase of 20%. However, year-to-date sales are struggling to match last year with 589 units sold, down 6.5% from 630. Residential home sales also rose during November, making it a busy month for all Ann Arbor real estate.

What does this mean for the future of the Ann Arbor condo market? If listings continue to decline, there will be less and less to choose from for the strong pool of buyers. This will drive the sale prices upward as buyers compete for properties, as we have seen this past year. The average sale price for condos has risen 12%, from $227,217 to $254,502, so if you’ve been thinking of selling your condo, now is a great time. Wondering what it’s worth? Contact us at The Bouma Group, Realtors today at 734-761-3060 or email info@bouma.com and find out!

Oak Meadows Condos, Ann Arbor Report

Oak Meadows Condo Report- December 2017Oak Meadows Condos, Ann Arbor MI

Oak Meadows is a popular Ann Arbor complex located near the freeway for quick access to many amenities. Within the community there is a clubhouse with an outdoor pool that is enjoyed by residents. There are currently 2 condos listed for sale and so far this year, 5 have sold.

Condos for Sale:

  • $269,900. 3502 Bent Tr., Ann Arbor. 1491 square feet with 2 bedrooms and 2.1 baths. Sale Pending
  • $185,000. 2058 Bent Tr., Ann Arbor. 1379 square feet with 2 bedrooms and 2.0 baths. Sale Pending

Sold Condos:

  • $286,750. 3335 Breckland Ct. #89, Ann Arbor. 1612 sq. ft., + 400 in finished lower level, 3 bedrooms and 3.1 baths.
  • $270,800. 3338 Breckland Ct., Ann Arbor. 1612 square feet with 3 bedrooms and 3.1 baths.
  • $268,000. 3335 Breckland Ct., Ann Arbor. 1612 sq. ft., + 699 in finished lower level, 3 bedrooms and 3.1 baths.
  • $252,500. 3365 Breckland Ct., Ann Arbor. 1296 sq. ft., + 420 in finished lower level, 2 bedrooms and 3.1 baths. Sold by The Bouma Group
  • $220,000. 3350 Breckland Ct., Ann Arbor. 1296 sq. ft., + 800 in finished lower level, 2 bedrooms and 3.1 baths.

Last year at Oak Meadows, 13 condos sold with an average sale price of $233,262 and an average price per square foot of $152.00. The 5 condos sold this year have an ASP of $259,610, up 11%, and an A$/SF of $175.00, up 15%. To learn more about condo values at Oak Meadows, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

Pattengill Condos, Ann Arbor Report

Pattengill Condo Report – December 2017Pattengill Condos Ann Arbor MI

Pattengill is an affordable Ann Arbor complex with access to conveniences via the bus line nearby; the in ground pool is a great feature that is enjoyed in the warmer months. There is currently 1 condo listed for sale and so far this year, 5 have sold.

Condos for Sale:

  • $98,000. 2313 Packard St. #A102,  Ann Arbor. 609 square feet with 1 bedroom and 1.0 baths. Sale Pending

Sold Condos:

  • $120,000. 2319 Packard St. #B306, Ann Arbor. 860 square feet with 2 bedrooms and 1.0 baths.
  • $91,500. 2317 Packard St. #B301, Ann Arbor. 625 square feet with 1 bedroom and 1.0 baths.
  • $91,000. 2313 Packard St. #103, Ann Arbor. 559 square feet with 1 bedroom and 1.0 baths.
  • $88,900. 2317 Packard St. #B103, Ann Arbor. 559 square feet with 1 bedroom and 1.0 baths.
  • $80,500. 2317 Packard St. #B104, Ann Arbor. 559 square feet with 1 bedroom and 1.0 baths.

Last year at Pattengill, 1 condo sold with a sale price of $112,000 and a price per square foot of $131.00. The 5 condos sold this year have an average sale price of $94,380, down 16%, and an average price per square foot of $150.00, up 15%. To learn more about condo values at Pattengill, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

Northbury Condos, Ann Arbor MI Report

Northbury Condo Report  – December 2017Northbury Condos, Ann Arbor MI 48105

Northbury is a great Ann Arbor complex situated among the beautiful terrain of mature trees, rolling hills and ponds. There is currently 1 condo listed for sale and so far this year, 6 have sold.

Condos for Sale:

  • $399,000. 1 Haverhill Ct., Ann Arbor. 2056 sq. ft., + 914 in the finished lower level, 4 bedrooms and 2.1 baths.

Sold Condos:

  • $434,000. 4 Northwick Ct., Ann Arbor. 2292 sq. ft., + 600 in finished lower level, 3 bedrooms and 2.2 baths.
  • $400,000. 15 Southwick Ct., Ann Arbor. 2425 sq. ft., + 1218 in finished lower level, 4 bedrooms and 3.1 baths. Listed by The Bouma Group
  • $369,900. 28 Southwick Ct., Ann Arbor. 2425 sq. ft., + 1218 in finished lower level, 4 bedrooms and 3.1 baths.
  • $339,900. 1 Northwick Ct., Ann Arbor. 2056 sq. ft., + 914 in finished lower level, 5 bedrooms and 3.0 baths.
  • $324,000. 15 Eastbury Ct., Ann Arbor. 1460 sq. ft., + 678 in finished lower level, 2 bedrooms and 2.1 baths.
  • $313,000. 14 Haverhill Ct., Ann Arbor. 1616 sq. ft., + 612 in finished lower level, 3 bedrooms and 3.o baths.

Last year at Northbury, 8 condo sold with an average sale price of $366,500 and an average price per square foot of $218.00. The 6 condos sold this year have an 363,467, down slightly, and an A$/SF of $181.00, also down slightly. To learn more about condo values at Northbury, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

Northside Glen Condos, Ann Arbor Report

Northside Glen Condo Report – December 2017Northside Glen Condos, Ann Arbor MI

Northside Glen is a picturesque Ann Arbor complex, the newer units are popular because of their beautiful surrounding and proximity to conveniences. There are currently no condos listed for sale and so far this year, 15 have sold.

Sold Condos:

  • $230,000. 2796 S. Knightsbridge Cir., Ann Arbor. 1236 square feet with 3 bedrooms and 2.0 baths. Sold by the Bouma Group
  • $226,000. 2660 S. Knightsbridge Cir., Ann Arbor. 1236 square feet with 3 bedrooms and 2.0 baths.
  • $222,000. 2740 S. Knightsbridge Cir., Ann Arbor. 1236 square feet with 3 bedrooms and 2.0 baths.
  • $220,000. 2840 S. Knightsbridge Cir., Ann Arbor. 1182 square feet with 2 bedrooms and 2.0 baths.
  • $212,800. 2836 S. Knightsbridge Cir., Ann Arbor. 1094 square feet with 2 bedrooms and 2.0 baths.
  • $205,000. 2744 S. Knightsbridge Cir., Ann Arbor. 1094 square feet with 2 bedrooms and 2.0 baths. Sold by The Bouma Group
  • $205,000. 2850 S. Knightsbridge Cir., Ann Arbor. 1182 square feet with 2 bedrooms and 2.0 baths. Sold by The Bouma Group
  • $173,500. 2764 S. Knightsbridge Cir., Ann Arbor. 1094 square feet with 2 bedrooms and 2.0 baths. Sold by The Bouma Group

For a complete list of Sold Condos at Northside Glen, Ann Arbor, contact us at (734)761-3060

Last year at Northside Glen, 15 condos sold with an average sale price of $178,240 and an average price per square foot of $156.00. The 15 condos sold this year have an ASP of $204,453, up 15%, and an A$/SF of $179.00, also up 15%. To learn more about condo values at Northside Glen, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

Northside Ridge Condos, Ann Arbor Report

Northside Ridge Condo Report – December 2017Northside Ridge Condos, Ann Arbor MI

Northside Ridge is a wonderful Ann Arbor complex, these spacious units offer a variety of floor plans and are close to many amenities. There are currently no condos listed for sale and so far this year, 6 have sold.

Sold Condos:

  • $305,000. 2917 N. Knightsbridge Cir., Ann Arbor. 1637 square feet with 3 bedrooms and 2.0 baths.
  • $300,500. 2914 N. Knightsbridge Cir. #7, Ann Arbor. 1401 square feet with 2 bedrooms and 2.0 baths.
  • $244,500. 2942 Hunley Dr., Ann Arbor. 1201 square feet with 2 bedrooms and 2.0 baths. Listed and Sold by The Bouma Group
  • $234,500. 2911 Knightsbridge, Ann Arbor. 1201 square feet with 2 bedrooms and 2.0 baths.
  • $233,636. 2980 Hunley Dr., Ann Arbor. 1201 square feet with 2 bedrooms and 2.0 baths. Listed and Sold by The Bouma Group
  • $224,900. 2908 N. Knightsbridge Cir., Ann Arbor. 1201 square feet with 2 bedrooms and 2.0 baths. Listed and Sold by The Bouma Group

Last year at Northside Ridge, 3 condos sold with an average sale price of $272,633 and an average price per square foot of $174.00. The 6 condos sold this year have an ASP of $257,173, down 6%, and an A$/SF of $ 197.00, up 13%. To learn more about condo values at Northside Ridge, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

Liberty Oaks Condos, Ann Arbor Report

Liberty Oaks Condo Report – November 2017

Liberty Oaks is a desirable Ann Arbor complex, the detached condos are spacious and close to many nature areaLiberty Oaks Condos, Ann Arbor MIs. The association manages lawn maintenance, snow removal, biannual window cleaning and more. There is currently 1 condo listed for sale and so far this year, 1 has sold.

Condos for Sale:

  • $360,000. 2952 Salem Dr., Ann Arbor. 1579 square feet with 3 bedrooms and 2.0 baths. Sale Pending

Sold Condos:

  • $312,000. 687 Boston Ct., Ann Arbor. 1511 square feet with 2 bedrooms and 2.0 baths.

Last year at Liberty Oaks, 2 condos sold with an average sale price of $370,500 and an average price per square foot of $202.00. The 1 condo sold this year has a sale price of $360,00, down 3%, and a price per square foot of $206.00, up slightly. On average, the 2 condos sold last year had 373 more square feet than the condo sold this year. To learn more about condo values at Liberty Oaks, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

Meadow Grove Condos, Ann Arbor Report

Meadow Grove Condo Report – November 2017Meadow Grove Condos, Ann Arbor, MI

Meadow Grove is a desired Ann Arbor complex, the spacious units offer full basements, attached garages, open concept living, and more! Many conveniences located only minutes away. There are currently no condos listed for sale and so far this year, 6 condos have sold.

Sold Condos:

  • $320,000. 3622 Bent Trail Dr., Ann Arbor. 1576 sq. ft., + 750 in finished lower level, 3 bedrooms and 3.1 baths.
  • $297,000. 3525 Meadow Grove Tr., Ann Arbor. 1087 sq. ft., + 700 in finished lower level, 3 bedrooms and 3.0 baths.
  • $296,000. 3628 Meadow Grove Tr., Ann Arbor. 1666 sq. ft., + 500 in finished lower level, 3 bedrooms and 3.1 baths. Listed by The Bouma Group
  • $296,000. 3598 Bent Trail Dr., Ann Arbor. 1622 sq. ft., + 600 in finished lower level, 3 bedrooms and 3.1 baths.
  • $276,400. 3520 Meadow Grove Tr., Ann Arbor. 1491 sq. ft., +695 in finished lower level, 2 bedrooms and 2.1 baths. Listed by The Bouma Group
  • $265,000. 3601 Meadow Grove Tr., Ann Arbor. 1531 square feet with 2 bedrooms and 2.1 baths.

Last year at Meadow Grove, 6 condos sold with an average sale price of $249,250 and an average price per square foot of $165.00. The 6 condos sold this year have an ASP of $291,733, up 17%, and an A$/SF of $199.00, up 20%. To learn more about condo values at Meadow Grove, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

Liberty Pointe Condos, Ann Arbor Report

Liberty Pointe Condo Report – November 2017Liberty Pointe Condos, Ann Arbor MI

Liberty Pointe is a beautiful Ann Arbor complex with a great location only minutes from downtown Ann Arbor. The landscaping is nice and many nature areas are nearby too. There are currently 3 condos listed for sale and so far this year, 3 have sold.

Condos for Sale:

  • $329,900. 551 Liberty Pointe Dr., Ann Arbor. 2044 sq. ft., + 558 in finished lower level, 3 bedrooms and 2.1 baths. Sale Pending, Listed by The Bouma Group
  • $315,000. 503 Liberty Pointe Dr., Ann Arbor. 2044 square feet with 3 bedrooms and 2.1 baths. Sale Pending
  • $229,900. 584 Liberty Pointe Dr., Ann Arbor. 1378 sq. ft., + 600 in finished lower level, 2 bedrooms and 2.2 baths. Sale Pending

Sold Condos:

  • $235,000. 504 Liberty Pointe Dr., Ann Arbor. 1378 sq. ft., + 600 in finished lower level, 2 bedrooms and 2.1 baths.
  • $230,000. 675 Liberty Pointe Dr., Ann Arbor. 1378 sq. ft., + 600 in finished lower level, 2 bedrooms and 2.1 baths. Listed by The Bouma Group
  • $222,500. 571 Liberty Pointe Dr., Ann Arbor. 1378 square feet with 2 bedrooms and 2.1 baths.

Last year at Liberty Pointe, 9 condos sold with an average sale price of $239,222 and an average price per square foot of $161.00. The 3 condos sold this year have an ASP of $229,167, down 4%, and an A$/SF of $166.o0, up 3%. To learn more about condo values at Liberty Pointe, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!